Pending — not yet graded
“CLSA has downgraded Wipro to 'underperform' from 'hold', with a revised price target of ₹152. The firm highlights that larger IT service firms are in a tougher spot due to the AI deflation impact, a drag on legacy managed services, and macro headwinds. It foresees a long gestation period before these companies can achieve mid-single-digit revenue growth.”
WiproBearishCalled 19 Aug 2026
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